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    Shadow Trader
    Shadow Trader
    Shadow Trader
    Ebook80 pages1 hour

    Shadow Trader

    By Shadow Trader

    3.5/5

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    About this ebook

    There are a lot of serious realistic questions you must ask yourself and have answered truthfully before you begin in the trading business especially before you put any of your hard earned money on the line in the live markets.

    My best advice to you is to get real about what you think trading is. Do some research if you have not already; learn what is realistic, and what is not in this business. You will save yourself a lot of time and money. Start your trading business with realistic goals and reasonable expectations; you’ll set yourself up for better success.

    Shadow Trader tells you how you can gain an edge over your competition in the game of making money with money. Using an algorithm is the best way to make your trading truly hands off and Shadow Trader gives brand new self-directed beginner traders an idea of what to have written into their algorithm and what not to have in it.

    LanguageEnglish
    PublisherShadow Trader
    Release dateSep 4, 2017
    ISBN9781386511458
    Shadow Trader

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      Book preview

      Shadow Trader - Shadow Trader

      Shadow Trader

      The Deadly cat and mouse Game of Algorithmic Trading

      By Shadow Trader

      Copyright 2017

      This book is dedicated to all those new up and coming self-directed traders who want to do it on their own but may be struggling with their trading, I hope you find what you’re looking for in the markets. Trust me when I say, the money is there you just have to know how and where to find it.

      Table of Contents

      In the beginning it was fun

      Figure out what you want to do before you do it because not knowing can be expensive

      What are you going trade?

      Learn the qualities and characteristics of the richest traders then emulate them

      The learning curve can be long if you try to do it on your own

      You’d better have some huge balls and a rule based plan to go up against the smart money

      Know who your competition is and develop an edge to beat them

      Reading price charts with an algorithm can make you rich and also get you dead

      Develop the Wall Street trading mentality

      Take some final advice from someone who knows

      Bonus section

      Extra links

      Glossary

      Disclaimer

      In the beginning it was fun

      When I first started out I knew about trading and investing however I had no practical knowledge of the actual practice of doing them. One of the guys at my cigar club is a contractor and had a buddy who was a day trader who traded grains. He brought the guy up to the club one night and I asked him a few questions about day trading. He told me that most of it was common sense however there was some technical things that I would need to study and learn before I could begin to make any money, little did I know!

      I got to know this trader a bit and he offered to show me some things. He showed me his charts and over a few times of getting together and smoking some really good cigars, he taught me the basics of how to read the charts, that is really how I got started in the investing and trading business. I then went into the online world and began to search out the education I would need to gain the knowledge that my trader friend said I would need to be able to really do it as a business. I just started searching for all information my new trader friend said I would need to learn and just started to learn.

      I had no idea really at first of what I wanted to do or to trade. I knew I had a lot of decisions to make though, everyone has to start somewhere with trading and I wanted to know as much as I could.

      As I went further and further into the online world I found out there are all kinds of training and information available online on the internet about trading and investing, I had no idea what I was in for. The sheer amount of data that is out there is huge. It is overwhelming actually and it is easy for new investors and traders to become completely lost in the very beginning, a lot of times it is called analysis paralysis in the business or data overload.

      When I was doing my education for this business because I was new and even though I had a little help I learned a lot of information that did not help me in how I run my investing and trading business today considering all I have to do is turn on my algorithm to make a ton of money. As a matter of fact, I had to unlearn about 95 percent of what I had learned because it wasn’t realistic to do in the live markets. The information in this book is meant to help people who have no education yet and are just now starting their learning process and hopefully keep you from broke or getting yourself killed.

      Shadow Trader is going to arm you with some basic information and tools in the business I feel to accomplish some of your goals whatever they may be. Perhaps you want to be able to have a business which enables you to spend more time with your family and provide better for them. Listen take some advice right here, if you are going to trade with algo you’d better be damn sure of what it is doing at all times and who it is taking money from because not knowing can perhaps get you and your family killed.

      The information in this book will empower you to have a lifelong skill to make money anytime from anywhere. You will be able to make money and have financial independence as well as be location independent for the rest of your life. With the way technology has advanced you can even trade from your phone these days although I strongly recommend you do not although if go up against the wrong people in the live market you may have to because you will be on the run for the rest of your life should you take a large amount of money from the wrong people.

      One of the largest mistakes that 97% of most all beginning investors and traders make is to not do the proper education from the start, not get help and they have unrealistic money expectations as well as they don’t trade with a rule based plan. By not doing the proper education from the start traders and investors can develop bad habits that when taken with them into the real time live markets with real money can cause them to lose money and perhaps even lose their entire capital account and perhaps even their life depending on whose money you’re taking in the live markets.

      Is this business something you can do over night? Not really. It takes time to learn to read price action especially in the financial market. It takes time to learn to read the price action of the instrument(s) you want to trade regularly, how much time is up to you, the more time you spend with it, the better you will get to know its nuances and how and where the unfilled orders of the smart money reside in the live market, because remember the unfilled orders of the smart money is the only thing

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